At a Glance
- Tasks: Conduct credit assessments and financial analysis for corporate and retail portfolios.
- Company: Leading bank in the City of London with a hybrid work model.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Exciting career path with a focus on compliance and risk management.
- Why this job: Join a dynamic team and make impactful decisions in the banking sector.
- Qualifications: 5-8 years experience as a Credit Analyst and CCRA certification required.
The predicted salary is between 60000 - 80000 £ per year.
Our Client, a Bank in the City of London, is looking to recruit a Credit Analyst with 5 to 8 years proven track record of working as a Credit Analyst within the banking sector.
In this position, you will conduct comprehensive credit assessments, financial modelling, and risk analysis for corporate and retail portfolios. Prepare detailed credit memoranda, monitor exposures, and support decision-making using CCRA-aligned methodologies. Must be experienced in financial interpretation, rating evaluation, and early-warning risk identification.
This is a full-time Credit Analyst role with a Certified Credit Research Analyst (CCRA) certification requirement. The role is hybrid, based in London, allowing for a combination of on-site and remote work. The Credit Analyst will conduct in-depth financial analysis, evaluate creditworthiness, assess risk, and prepare detailed credit reports. The role requires collaboration with key stakeholders to provide insights and develop credit strategies, as well as ensuring alignment with financial regulations.
Credit Assessment & Financial Analysis
- Conduct in-depth financial statement analysis (income statement, balance sheet, cash flow) to evaluate the creditworthiness of corporates, SMEs, or individuals.
- Apply CCRA-aligned analytical frameworks such as ratio analysis, cash-flow forecasting, and stress-testing techniques.
- Develop forward-looking financial models, incorporating industry trends, macroeconomic factors, and company-specific risks.
- Review credit bureau data, bank statements, collateral valuations, and external research reports.
Credit Risk Evaluation & Rating
- Assign preliminary internal credit ratings based on quantitative and qualitative assessments.
- Identify key risk drivers including business risk, management quality, operational efficiency, and market competitiveness.
- Use CCRA best practices to assess probability of default (PD), loss given default (LGD), and exposure at default (EAD).
- Prepare credit scoring summaries and recommend risk mitigation strategies.
Credit Memoranda & Reporting
- Prepare detailed credit appraisal notes, approval packages, and risk summaries for credit committees or senior management.
- Produce periodic portfolio review reports, highlighting sectoral exposures, rating migrations, and early-warning signals.
- Maintain accurate credit files and ensure compliance with internal risk policies.
Portfolio Monitoring & Early-Warning Management
- Monitor existing credit exposures, covenant compliance, and repayment behaviour.
- Track industry and market developments that may affect clients’ credit profiles.
- Recommend modifications to credit limits, restructuring proposals, or remedial actions for stressed accounts.
- Conduct ongoing rating reviews in line with CCRA methodology.
Due Diligence & Relationship Support
- Participate in client meetings, site visits, and management interviews to better understand operations and risk factors.
- Collaborate with relationship managers to structure facilities aligned with client needs and risk tolerance.
- Assist in credit agreement negotiations, ensuring proper documentation and risk coverage.
Compliance, Governance & Policy Adherence
- Ensure adherence to regulatory guidelines, internal credit policies, and risk appetite frameworks.
- Support audits and regulatory inspections by providing accurate credit documentation and analysis.
Value Add from CCRA Certification
- Apply globally recognized CCRA frameworks for structured credit analysis and research.
- Use advanced techniques such as scenario analysis, sensitivity testing, and sector-specific valuation methods.
- Demonstrate enhanced credibility and technical expertise in credit research and risk evaluation.
Qualifications
- Proficiency in Credit Management and expertise in evaluating credit risk.
- Strong Analytical Skills to perform financial analysis and interpret complex data effectively.
- Excellent Communication skills for presenting findings and collaborating with team members.
- Understanding of Finance principles and their applications in credit analysis.
- Professional experience or qualifications in Credit, such as CCRA certification.
- Detail-oriented and well-organized with the ability to meet deadlines.
- Bachelor’s degree or higher in Finance, Accounting, Economics, or a related field.
- Work experience in financial institutions or credit-related roles is a plus.
The position is hybrid at this stage with 3 days in the office per week. The salary will be in the range of £60,000 - £80,000 depending on experience.
This position is open to UK candidates – so no sponsorship.
Credit Analyst with CCRA Certification employer: Nexus Jobs
Our client, a leading bank in Central London, offers an exceptional work environment that fosters innovation and professional growth. With a strong emphasis on employee development, the company provides comprehensive training opportunities and a collaborative culture that encourages teamwork and knowledge sharing. Employees enjoy a competitive salary package, flexible working arrangements post-probation, and the chance to make a significant impact in a dynamic financial services landscape.
